SAS Scandinavian Airlines reported SEK956 million ($111.8 million) net profit in its fiscal 2014-2015 year, reversing its SEK719 million FY 2013-2014 net loss. For SAS’s financial year, which runs from November 2014 through October 2015, the airline reported full-year revenue of SEK39.65 billion, up 4.3% year-over-year (YOY). SAS’s full-year operating income was SEK2.23 billion, compared to SEK153 million in operating profits from FY 2013-2014. “This was a significant ...

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